| Product Code: ETC7907100 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of cassava modified starch to Latvia in 2024 saw a significant shift in market concentration, moving from moderate to low concentration. Top exporting countries such as Belgium, Germany, Netherlands, Sweden, and Lithuania played a crucial role in supplying to the Latvian market. Despite a notable decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-24 remained strong at 12.18%. This data suggests a dynamic market landscape for cassava modified starch imports in Latvia with potential opportunities for further growth and diversification.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Cassava Modified Starch Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cassava Modified Starch Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cassava Modified Starch Market - Industry Life Cycle |
3.4 Latvia Cassava Modified Starch Market - Porter's Five Forces |
3.5 Latvia Cassava Modified Starch Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.6 Latvia Cassava Modified Starch Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Cassava Modified Starch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for clean label and natural ingredients in the food industry |
4.2.2 Growing awareness about the benefits of cassava modified starch in various applications |
4.2.3 Rising adoption of cassava modified starch in pharmaceutical and textile industries |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting the production cost of cassava modified starch |
4.3.2 Regulatory challenges related to labeling and certification requirements |
4.3.3 Competition from other modified starch varieties like corn and potato starch |
5 Latvia Cassava Modified Starch Market Trends |
6 Latvia Cassava Modified Starch Market, By Types |
6.1 Latvia Cassava Modified Starch Market, By Function |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cassava Modified Starch Market Revenues & Volume, By Function, 2021- 2031F |
6.1.3 Latvia Cassava Modified Starch Market Revenues & Volume, By Thickeners, 2021- 2031F |
6.1.4 Latvia Cassava Modified Starch Market Revenues & Volume, By Stabilizers, 2021- 2031F |
6.1.5 Latvia Cassava Modified Starch Market Revenues & Volume, By Binders, 2021- 2031F |
6.1.6 Latvia Cassava Modified Starch Market Revenues & Volume, By Emulsifiers, 2021- 2031F |
6.1.7 Latvia Cassava Modified Starch Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Cassava Modified Starch Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cassava Modified Starch Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.2.3 Latvia Cassava Modified Starch Market Revenues & Volume, By Animal Feed, 2021- 2031F |
6.2.4 Latvia Cassava Modified Starch Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Latvia Cassava Modified Starch Market Import-Export Trade Statistics |
7.1 Latvia Cassava Modified Starch Market Export to Major Countries |
7.2 Latvia Cassava Modified Starch Market Imports from Major Countries |
8 Latvia Cassava Modified Starch Market Key Performance Indicators |
8.1 Research and development investment in cassava modified starch innovation |
8.2 Number of new product launches containing cassava modified starch |
8.3 Adoption rate of cassava modified starch in different industries |
8.4 Sustainability initiatives in cassava sourcing and processing |
8.5 Market penetration in key end-use sectors |
9 Latvia Cassava Modified Starch Market - Opportunity Assessment |
9.1 Latvia Cassava Modified Starch Market Opportunity Assessment, By Function, 2021 & 2031F |
9.2 Latvia Cassava Modified Starch Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Cassava Modified Starch Market - Competitive Landscape |
10.1 Latvia Cassava Modified Starch Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cassava Modified Starch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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